LENDLEASE GROUP — Capital/Financing Update 2015

Mar 4, 2015

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ASX Announcement

Barangaroo South Market Update

5 March 2015

Lend Lease today announced that it has progressed to the next stage of documentation with Crown Limited and the Barangaroo Delivery Authority for the proposed development of a world-class integrated resort at Barangaroo South. Lend Lease will now proceed with the lodgement of Modification 8, the revised Concept Plan for Barangaroo.

The next stage of the development will proceed on resolution of all documents with Crown Limited and the Barangaroo Delivery Authority and the satisfaction of all conditions, including planning approval.

Lend Lease Group Chief Executive Officer and Managing Director, Steve McCann said: “Lend Lease is pleased to be progressing the delivery of this world class precinct with our partners, Crown Limited and the NSW Government, which will provide a vibrant and accessible place for all Sydneysiders and visitors to enjoy.”

ENDS

For further information, please contact:

Investors: Media: Suzanne Evans Natalie Campbell Tel: 02 9236 6464 Tel: 02 9236 6865 Mobile: 0407 165 254 Mobile: 0410 838 914

Lend Lease Corporation Limited ABN 32 000 226 228; and Lend Lease Responsible Entity Limited ABN 72 122 883 185 AFS Licence 308983 as responsible entity for Lend Lease Trust ABN 39 944 184 773 ARSN 128 052 595

Level 4, 30 The Bond 30 Hickson Road Millers Point NSW 2000 Australia

Telephone +61 2 9236 6111 Facsimile +61 2 9252 2192 www.lendlease.com